Latin AmericaLatin America
Following three years of silence Chile is launching a final consumer media campaign to attract more tourists from Germany, United States, Brazil and the United Kingdom, revealed Oscar Santelices head of the Chilean Tourist Office, Sernatur.
The Free Trade Agreement between Chile and Japan, which comes into effect next month, will increase Chilean exports to that Asian nation by as much as 400 million US dollars a year, according to newly released Chilean government estimates.
Venezuelan President Hugo Chavez on Sunday accused the United States of undermining the country's efforts to join the South American trade bloc Mercosur.
Mexican telecom tycoon Carlos Slim, who is estimated by some calculations to be the world's richest man, said that he shook aside those comments and was more interested in making his business life compatible with his family and personal life.
United Nations is helping to provide emergency food to nearly 100,000 people after the worst floods in decades in Colombia and the coldest weather in 30 years in Peru brought even more misery to over 1 million of Latin America's most impoverished inhabitants
The Chilean Senate ratified this week the first free trade agreement with Japan and next week Chile is scheduled to begin a round of bilateral negotiations with Australia hoping to reach a similar free trade agreement.
Bolivian president Evo Morales signed Thursday a decree which further advances his controversial agrarian revolution of expropriation of idle land to distribute among the aboriginal population and which is strongly resisted by business sectors.
Chilean Episcopal Conference president Monsignor Alejandro Goic who played a leading mediation role in a labor conflict in the copper mines, said that one of the causes for labor strife are low salaries and suggested that the minimum salary should really be converted into an ethical salary.
Latinamerican economies are much better prepared than in the nineties to face financial turbulences, said on Friday Jose Luis Machinea, Executive Secretary for the United National Economic Committee for Latinamerica and the Caribbean, CEPAL.
Venezuelan government oil company, PDVSA begins this week hydrocarbons exploration in six blocks offshore Cuba, 100 miles from the United States coast, with prospects of finding abundant light crude.